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you said you would cut the deficit in half. we still have trillion dollar deficit. less cbs as we will have a trillion dollar deficit in the next four years. >> president obama interrupted again -- think romney might win a and oscar but it was untethered from the truth. the president echoed the complaint. >> i met this very spirited fellow the claim to be a romney. how but it could not have been a robbery. because the real mitt romney has been a are a country for the last year promising 5 trillion dollars in tax cuts that favors the wealthy. the fellow is state last night said he didn't know anything about that. >> leaving denver, met romney can look pleased with himself. one day does not affect the way most people intend to vote, but it means the next string of opinion polls are important. if it narrows, it suggest romney is back in the gate. but if they do not, even after a victory, then he really is in the hole. >> how important was the first debate? i spoke to apolitical blotter and polling number cruncher and the author of a new book, "the signal and the noise,
you said you would cut the deficit in half. we still have trillion dollar deficit. less cbs as we will have a trillion dollar deficit in the next four years. >> president obama interrupted again -- think romney might win a and oscar but it was untethered from the truth. the president echoed the complaint. >> i met this very spirited fellow the claim to be a romney. how but it could not have been a robbery. because the real mitt romney has been a are a country for the last year...
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the actual deficits are a trillion dollars. he promised to cut in the half and he didn't and if you open up the budget of the united states under his policies the debt explodes, you can see it on page 52 of their analysis of the budget outlook. he said last night that budgets are about making choices. having a budget that chooses to have the debt explode and endanger our children is a poor choice. >> i think that's misleading because if you look at the c.b.o. scoring of the president's budget, he achieves a stable budget path within the ten-year budget window. so, again, we have a factual disagreement. >> i said if you look at the long-term budget outlook the debt explodes. so year 11 matters. my children are not yet -- >> well, let's deal with the first decade. >> brown: all right, we've cleared up everything. (laughter) thank you so much. douglas holtz-ae kin, jared bernstein, thanks. >> woodruff: still to come on the "newshour": rising tensions on the syria turkey border; how the presidential debate played for some florida v
the actual deficits are a trillion dollars. he promised to cut in the half and he didn't and if you open up the budget of the united states under his policies the debt explodes, you can see it on page 52 of their analysis of the budget outlook. he said last night that budgets are about making choices. having a budget that chooses to have the debt explode and endanger our children is a poor choice. >> i think that's misleading because if you look at the c.b.o. scoring of the president's...
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you're not happy with the deficit plans, you're not happy with the tax plans. but the thing that really caught my eye because it's the credo of this show. you believe that free market capitalism is the best way to grow the economy. i do too, susan. did that push you toward romney? >> absolutely. i think capitalism is the most efficient genius of american culture. and i feel that the current president doesn't see a problem that a government program can't solve. and i have much more faith in individuals. >> government trickle down. that is what the phrase that romney used. government trickle down zblin deed. >> i thought that was pretty darn clever. steve right here is cringing already about that. but government trickle down, susan. did that turn you off? >> yeah. very much so. and i think it's an accurate reflection of the philosophy of this administration. >> all right. how about the debate? we'll give you a few seconds. debate last night? please, not please? give me a quickie. >> i think you said it best, larry, when you said that the president's clock was pol
you're not happy with the deficit plans, you're not happy with the tax plans. but the thing that really caught my eye because it's the credo of this show. you believe that free market capitalism is the best way to grow the economy. i do too, susan. did that push you toward romney? >> absolutely. i think capitalism is the most efficient genius of american culture. and i feel that the current president doesn't see a problem that a government program can't solve. and i have much more faith...
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what i have said is i won't put in place a tax cut that adds to the deficit. that's part one. number two, i will not reduce the share paid by high-income individuals. and number three, i will not under any circumstances raise taxes on middle income families. i will lower taxes on middle income families. >> he's going to get rid of the estate tax, mr. mayor, which aims directly at the top rate. the people who have a quarter million bucks and want to leave it to their kids. it's for the very rich. he wants to lower the top rate from 35% to 28% for the richest people in the country. he wants to take the corporate rate from 35% to 25%. >> clearly at that stage mr. obama should have turned to him and said you are not telling the american people the truth. just as he did today in denver when he said he wasn't telling the truth. he should have looked him in the eye and said mitt romney, you are not telling the american people the truth. and then proceed to walk through as clinton would have done the mathematics to prove it. i don't think romney would have been smart enough to figure
what i have said is i won't put in place a tax cut that adds to the deficit. that's part one. number two, i will not reduce the share paid by high-income individuals. and number three, i will not under any circumstances raise taxes on middle income families. i will lower taxes on middle income families. >> he's going to get rid of the estate tax, mr. mayor, which aims directly at the top rate. the people who have a quarter million bucks and want to leave it to their kids. it's for the...
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the federal subsidy for pbs in 2012 doesn't make up a huge part of this deficit. for example, 2012, the federal subsidy for pbs was $444 million. if you compare that to romney's plan for the federal budget, you'll see how miniscule it is. pbs subsidy, $444 million. but if you look at the tax breaks to oil and gas companies that romney defended last night, those add up to $4 billion this year alone. and take a look at mitt romney's plan for the defense budget. he wants to increase spending by $2 trillion over the next ten years. so, i mean, big bird is a big diversion to what he's really talking about in terms of the deficit. >> well, i think those of us out here crave specifics from governor romney. and when he's talked about this in the past, he's often thrown big bird under the bus. i don't know what would happen if he threw big bird under the bass. maybe the bus would go off the road. but never the let's, he has this little set piece he does. do you want to know what i'll cut? i'll cut pbs and big bird, the national endowment of humanities and the amtrak subsid
the federal subsidy for pbs in 2012 doesn't make up a huge part of this deficit. for example, 2012, the federal subsidy for pbs was $444 million. if you compare that to romney's plan for the federal budget, you'll see how miniscule it is. pbs subsidy, $444 million. but if you look at the tax breaks to oil and gas companies that romney defended last night, those add up to $4 billion this year alone. and take a look at mitt romney's plan for the defense budget. he wants to increase spending by $2...
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. >> when i walked into the oval office, hi more than a trillion dollar deficit greeting me and we know where it came from. >> soon their approaches changeed. president obama versus mitt romney and is this round 1 or a knockout blow? the candidates are in a different place tonight and tom fitzgerald fooled their movements and turned -- turned into spin rooms. tom. >> reporter: the democratic position was that mitt romney's performance last night, in their words, is at odds with what he's saying on the campaign trail and privately, they're acknowledging what many have been saying, that governor romney had a good debate and the president is going to be under pressure to do better next time. the president tried to refrain the debate saying the mitt romney he saw last night had little resemblance to what the president said romney's policies are. governor romney himself, meanwhile s meeting with supporters in colorado. romney said the debate gave him a chance to frame the campaign for the country for what their choice would be. >> last night, i thought it was a great opportunity for the amer
. >> when i walked into the oval office, hi more than a trillion dollar deficit greeting me and we know where it came from. >> soon their approaches changeed. president obama versus mitt romney and is this round 1 or a knockout blow? the candidates are in a different place tonight and tom fitzgerald fooled their movements and turned -- turned into spin rooms. tom. >> reporter: the democratic position was that mitt romney's performance last night, in their words, is at odds...
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. >> the only way to meet governor romney's pledge of not reducing the deficit or not adding to the deficit is by burdening middle class families, the average middle class family with children would pay $2,000 more. >> others have estimated the total value of the tax cuts would be some $5 trillion over ten years. governor romney says he will keep it deficit neutral and pledges there is one thing he won't do no matter what. >> i will not under any circumstances, raise taxes on middle income families. i will lower taxes on middle income families. now, you kite a study. there is six other studies that looked at the study you described and say it's completely wrong. >> the president based his assertion about a $2,000 tax increase on a study by the tax policy center which had exempted some tax deductions from any cuts in its analysis. then it concluded the plan could only be deficit neutral with a tax hike on the middle class and obama ads are hammering away. >> why won't obama level with us about the tax plans. >> the tax policy center, however, later changed its assessment. it said if romney p
. >> the only way to meet governor romney's pledge of not reducing the deficit or not adding to the deficit is by burdening middle class families, the average middle class family with children would pay $2,000 more. >> others have estimated the total value of the tax cuts would be some $5 trillion over ten years. governor romney says he will keep it deficit neutral and pledges there is one thing he won't do no matter what. >> i will not under any circumstances, raise taxes on...
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when he was asked what he to cut thelly do deficit, and reduce spending, he said he would eliminate funding for public television. k goodness someone is on big getting tough bird. the sarcastic mocking, part of a 1-2 punch. >> there is. >> democrats admit they could more last night. today, i'll least a slight momentum shift. going toent obama is prop extensively. on the next debate, a town hall format. >> mitt romney is riding high. even made a surprise stop at conservative political action conference. his big night seems to be paying off. his press secretary -- much of that money is going to be spent right here in virginia. we are looking forward to the debate, it is a week from tonight. people expect plenty of fireworks. battleground virginia is getting a lot of attention. it starts tonight with mitt romney and paul ryan. mitt romney will hold a rally tomorrow. the president will be in vienna, va. tomorrow. monday, governor romney is back with a speech in lexington, virginia. our coverage of the day after nhe debate continues o wjla.com. we have local reaction. what you thought as the deb
when he was asked what he to cut thelly do deficit, and reduce spending, he said he would eliminate funding for public television. k goodness someone is on big getting tough bird. the sarcastic mocking, part of a 1-2 punch. >> there is. >> democrats admit they could more last night. today, i'll least a slight momentum shift. going toent obama is prop extensively. on the next debate, a town hall format. >> mitt romney is riding high. even made a surprise stop at conservative...
WHUT (Howard University Television)
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it wasn't just that this was the biggest driver of our federal deficit, our overall health care costs, but it was families were worried about going bankrupt if they got sick, millions of families, all across the country. if that a pre-existing condition, they might not be a bigot coverage at all. if they did have coverage, insurance companies might impose an arbitrary limit. and so as a consequence, they're paying their premiums, somebody gets really sick, lo and behold, they don't have enough money to pay the bills because the insurance companies say that they've hit the limit. so we did work on this, alongside working on jobs, because this is part of making sure that middle-class families are secure in the country. let me tell exactly what obamacare did. it number one, if you've got health insurance, it doesn't mean the government takeover. you keep your own insurance, your own doctor. but it does say insurance companies cannot church where brown. they cannot impose arbitrary lifetime limits. they have to let you keep your kid on their insurance -- your insurance plan until you're 2
it wasn't just that this was the biggest driver of our federal deficit, our overall health care costs, but it was families were worried about going bankrupt if they got sick, millions of families, all across the country. if that a pre-existing condition, they might not be a bigot coverage at all. if they did have coverage, insurance companies might impose an arbitrary limit. and so as a consequence, they're paying their premiums, somebody gets really sick, lo and behold, they don't have enough...
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fourth, a balanced plan to reduce our deficit by... four trillion dollars over the next decade, on top of the... trillion in spending we've already cut. i'd ask the wealthy to pay a little more. and as we end the war in afghanistan... let's apply half the savings to pay down our debt and... use the rest for some nation-building... right here at home. it's time for a new economic patriotism, rooted in the... belief that growing our economy begins with a strong... thriving middle class. read my plan. compare it to governor romney's, and decide for yourself. thanks for listening. i'm barack obama and i appro this message. >> there was a protest today in northwest washington over smart meters. they allow passengers to pay for a cab using a credit card and a back seat. >> opponents say they can start fires in violate privacy laws. >> in this country and world has grown around the technology revolution. studies show they are safe. we have a lot of academic papers we are happy to let anyone read. >> the upgrade program for cabs was put on hold last month. >> a frightening scene in bethesda as
fourth, a balanced plan to reduce our deficit by... four trillion dollars over the next decade, on top of the... trillion in spending we've already cut. i'd ask the wealthy to pay a little more. and as we end the war in afghanistan... let's apply half the savings to pay down our debt and... use the rest for some nation-building... right here at home. it's time for a new economic patriotism, rooted in the... belief that growing our economy begins with a strong... thriving middle class. read my...
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we did not know that big bird was driving the federal deficit, but that is what we heard last night. how about that? elmo, too? look, the fact is governor romney's numbers do not add up. i had to spend time last night trying to pin it down. the only way to pay for $5 trillion in the tax cuts and $2 trillion in the defense spending that the military says it does not need is by asking the middle-class to pay more. i refuse to do that. i refuse to ask middle-class families to give up their deductions for owning a home or raising their kids just to pay for another millionaire's tax cut, just to pay for more tax cuts that we cannot afford. i will never turn medicare into a voucher. governor romney doubled down on the proposal last night, and he is wrong. no american should have to spend their golden years at the mercy of insurance companies. they should retire with the dignity they have earned. we will perform and strengthen medicare for a long haul, but reducing the cost of health care, not by asking seniors to pay thousands of dollars more, and we will keep promise of social security by
we did not know that big bird was driving the federal deficit, but that is what we heard last night. how about that? elmo, too? look, the fact is governor romney's numbers do not add up. i had to spend time last night trying to pin it down. the only way to pay for $5 trillion in the tax cuts and $2 trillion in the defense spending that the military says it does not need is by asking the middle-class to pay more. i refuse to do that. i refuse to ask middle-class families to give up their...
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last night, mitt romney said he would cut funding to pbs to bring down the deficit adding he liked the sesame street character big bird but not at a steep price. take a look. >> i'm s jim, i will stop the subsidy to pbs and other things. i like pbs and big bird, i like you, too, but i'm not going to keep on spending money on things to borrow money from china to pay for it. >> following the statement, big bird fans flocked to twitter and facebook defending the sesame character and some parody accounts popped up, posting spoof photos of big bird and others, some too risky for tv news. the post debate coverage continues on www.myfoxdc.com. click on the fact checker to so how the candidates' claim stack up with the truth. it's on our home page at www.myfoxdc.com. >>> the conflict in syria is on the verge of growing into a crisis. turkey has continued firing at syrian targets. the violence comes after shells from syria hit a turkish border village killing five people. since, they authorized the country's military to conduct cross border operations in syria while turkey's prime minister insi
last night, mitt romney said he would cut funding to pbs to bring down the deficit adding he liked the sesame street character big bird but not at a steep price. take a look. >> i'm s jim, i will stop the subsidy to pbs and other things. i like pbs and big bird, i like you, too, but i'm not going to keep on spending money on things to borrow money from china to pay for it. >> following the statement, big bird fans flocked to twitter and facebook defending the sesame character and...
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the deficit was front and center. react to this. >> the president said he would cut the deficit in half. unfortunately, he doubled it. $1 trillion deficits for the last fur -- four years. the president put almost as much debt held by the public as all prior presidents combined. >>neil: what he was saying, whatever you inherited you did that and then some. did that register? >>guest: again, it is like delivering a spanking in the boardroom, point one, point two, point three, you said this was the budget. you didn't do it. you said this is the revenue, you didn't do it. the promised the people this, you didn't do it. i can. it made a compelling point not just to people that are loyal to mitt romney but also people that are undecided. i believe, also, the conviction, you could see it, that president obama literally started submitting through the debit to the points. >>neil: it is interesting. very interesting dissertation to wrap your arms around what was an economic tutoring. very weird. forget about getting the undecid
the deficit was front and center. react to this. >> the president said he would cut the deficit in half. unfortunately, he doubled it. $1 trillion deficits for the last fur -- four years. the president put almost as much debt held by the public as all prior presidents combined. >>neil: what he was saying, whatever you inherited you did that and then some. did that register? >>guest: again, it is like delivering a spanking in the boardroom, point one, point two, point three,...
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social security hasn't contributed one nick toel to th deficit. can pay out benefits for the next 21 years. the president should be saying now what he said four years ago. he will not cut social security while romney and ryan certainly are. >> now, senator, one thing that i think is puzzling democrats and supporters of the president, as well, today is both men had a chance at closing arguments last night. that is one of the things that they knew was coming their direction. listen in part to what president obama had to say. >> four years ago, i said that i'm not a perfect man and i wouldn't be a perfect president and that is a promise that governor romney thinks i kept. >> why specifically point out the flaws? was that a good choice? >> well, i think not. i mean, i think -- here's what i think the position of the president should be. look, everybody knows the economy is in a lot of trouble today. we all know that. everybody knows that the rich are getting much richer and the middle class is shrinking and poverty and that is the simple truth. but wh
social security hasn't contributed one nick toel to th deficit. can pay out benefits for the next 21 years. the president should be saying now what he said four years ago. he will not cut social security while romney and ryan certainly are. >> now, senator, one thing that i think is puzzling democrats and supporters of the president, as well, today is both men had a chance at closing arguments last night. that is one of the things that they knew was coming their direction. listen in part...
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or worse, we're not seeing big enough deficits because everyone in washington's got this deficit hysteria, even though we're paying 1.6% interest on ten-year bonds. >> well, how about some clarity? how come ceo after ceo and manager after manager come on this program and tell me the same thing? i'm not going to move. i'm not going to put money into the economy. i'm not going to hire new workers because i have no idea what my tax rates are going to be. >> they want tax cuts. >> no, i think -- >> if you look at their investment -- >> i think they want clarity. >> i look at the data. if you look at investment equipment and softwares, i'm leaving out structures for exactly the reason your previous segment said. there's a huge vacancy in most categories in unresidential real estate because of the prior building boom. if you look at equipment and software investments and share of gdp, we're almost back to the prerecession level. so the fact is generally they actually have been investing in spite of what they're telling you. >> maria, dean's right about one thing. all the stimulus efforts have b
or worse, we're not seeing big enough deficits because everyone in washington's got this deficit hysteria, even though we're paying 1.6% interest on ten-year bonds. >> well, how about some clarity? how come ceo after ceo and manager after manager come on this program and tell me the same thing? i'm not going to move. i'm not going to put money into the economy. i'm not going to hire new workers because i have no idea what my tax rates are going to be. >> they want tax cuts. >>...
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. >> there will be no tax cut that adds to the deficit. i'll underline that, no tax cut that adds to the deficit. >> really? okay. what kind of mileage does it get? >> number one, pre-existing conditions are covered under my plan. >> huh? okay. do the brakes work? >> i'm sorry, jim, i'm going to stop this subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. >> let's not. let's let him respond. >> i get the last word. let me make this comment. >> nope. come on, mr. president, give us a peek under the hood. >> five week before the election he's saying that his big, bold idea is never mind. is the reason that governor romney is keeping all these plans to replace secret because they're too good? is it because that somehow middle class a families are going to benefit too much? ♪ i guess you're just what i needed ♪ >>> we begin with the president criticized as being less than effective last night by hyperventilating pundits across the board, but now getting his own chance to put a spin on the first presidential debate
. >> there will be no tax cut that adds to the deficit. i'll underline that, no tax cut that adds to the deficit. >> really? okay. what kind of mileage does it get? >> number one, pre-existing conditions are covered under my plan. >> huh? okay. do the brakes work? >> i'm sorry, jim, i'm going to stop this subsidy to pbs. i'm going to stop other things. i like pbs. i love big bird. >> let's not. let's let him respond. >> i get the last word. let me make...
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we ended up moving from surplus to deficits. and it all culminated in the worst financial crise since the great depression. bill clinton tried the approach that i'm talking about. we created 23 million new jobs. we went from deficit to surplus, and businesses did very well. so in some ways, we've got some data on which approach is more likely to create jobs and opportunity for americans and i believe that the economy works best when middle-class families are getting tax breaks so that they've got some money in their pockets, and those of us who have done extraordinarily well because of this magnificent country that we live in, that we can afford to do a little bit more to make sure we're not blowing up the deficit. >> jim, the president began this segment, so i think i get the last word, so i'm going to take it. >> lehrer: you're going to get the first word in this segment. >> let me just make this comment-- let me repeat what i said. i'm not in favor of a $5 trillion tax cut. that's not my plan. my plan is not to put in place a
we ended up moving from surplus to deficits. and it all culminated in the worst financial crise since the great depression. bill clinton tried the approach that i'm talking about. we created 23 million new jobs. we went from deficit to surplus, and businesses did very well. so in some ways, we've got some data on which approach is more likely to create jobs and opportunity for americans and i believe that the economy works best when middle-class families are getting tax breaks so that they've...
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he was making a point about the budget deficit. i just wonder about that conversation and how it plays out over the next week. >> rose: john they're telling me i'm going to lose you because either you have to go to bed or we're losing the signal or something. >> everyone's blaming the president so it might be his fault. >> rose: thank you, mr. dickerson. i'll see you tomorrow morning. >> thank you charlie. >> rose: let me bring you back in here. so if you look at what was said tonight, was it primarily that romney was effective in delivering his message and it seems so in contrast to what we have known of him that is in the end the story? >> yes. he was effective because barack obama passed up opportunity after opportunity to really challenge him. and i think he presented effectively but he could have had problems if obama had been sharper. and charlie, i'm not, they're putting out this line already that look the president wanted to be laid back, he didn't want to be confrontational. somebody mentioned earlier that he really has di
he was making a point about the budget deficit. i just wonder about that conversation and how it plays out over the next week. >> rose: john they're telling me i'm going to lose you because either you have to go to bed or we're losing the signal or something. >> everyone's blaming the president so it might be his fault. >> rose: thank you, mr. dickerson. i'll see you tomorrow morning. >> thank you charlie. >> rose: let me bring you back in here. so if you look at...
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as asperity was seen to be working as soon as the government committed itself to a credible plan of deficit reduction everything else would perk up there'd be so much confidence that the economy would start growing again but that was wrong because it's real factors not just psychological factors psychological factors are very important but it's the real factors the real market that is available to businessmen that cause them to want to increase. their business and the government was shrinking the market by its policy so it could talk up the economy all it wanted but the policies were pointing in a different direction austerity we now know hits the poor significantly harder than it hits the rates presumably that means that during this recess and the gap between the rich in the poor why didn't even fire yeah that's that's already happening a real real incomes have been going down because prices have been going up a bit and of course welfare benefits are being slashed. a lot of a lot there are lots of cuts in the public services and the rich are better able to insulate themselves against some
as asperity was seen to be working as soon as the government committed itself to a credible plan of deficit reduction everything else would perk up there'd be so much confidence that the economy would start growing again but that was wrong because it's real factors not just psychological factors psychological factors are very important but it's the real factors the real market that is available to businessmen that cause them to want to increase. their business and the government was shrinking...
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and you heard the president last night describe how he plans on reducing the deficit. he said it was $4 trillion but only in washington would you count $4 trillion of reduction when, in fact, his plan calls for adding a trillion dollars of debt every one of the next four years. the congressional budget office says that by the end of a four-year period if he were to be reelected trickle down government could lead to a setting of $20 trillion in debt. i think that's wrong. i think we shouldst inom finly america to cap our spending, to cut our spending and get us on track to a balanced budget. and it's -- it's not often i'm told that republicans are able to go out and talk about medicare with such passion as we do but let me tell you. when someone is taking $716 billion away from our current seniors in their medicare plan to pay for obama care, we say no way. we'll put it back and get rid of obama care. and then, and then there's our military. the president has proposed cutting our military budget and then the sequestration idea that came out of the white house cuts our m
and you heard the president last night describe how he plans on reducing the deficit. he said it was $4 trillion but only in washington would you count $4 trillion of reduction when, in fact, his plan calls for adding a trillion dollars of debt every one of the next four years. the congressional budget office says that by the end of a four-year period if he were to be reelected trickle down government could lead to a setting of $20 trillion in debt. i think that's wrong. i think we shouldst...
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he can't say he lowered the deficit, he can't say the unemployment numbers have got even better. megyn: he had counter points to raise. you may not agree with them but they were there to be raised and the president took a pass. >> i think that's part of the fact is he thought, look i'm the president of the united states of america, i woo people, people love me, he didn't prepare for this last night. it was obvious that he thought he was the heavyweight coming in, and because he's so charismatic he could just walk in there and have a great anniversary night and go back and have champagne with his wife, and he didn't do well, and i think the part was he was shock at how well informed mitt romney was, and how many things mitt romney was instantly able to challenge him and i don't think he expected him at all. megyn: do you think that barack obama is capable, coming back, being feisty, being sort of like mitt romney was last night? some people are raising doubts about whether he is capable of that since he doesn't have the more recent debate experience that romney has. >> yes, and i
he can't say he lowered the deficit, he can't say the unemployment numbers have got even better. megyn: he had counter points to raise. you may not agree with them but they were there to be raised and the president took a pass. >> i think that's part of the fact is he thought, look i'm the president of the united states of america, i woo people, people love me, he didn't prepare for this last night. it was obvious that he thought he was the heavyweight coming in, and because he's so...
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by ending the war and nev -- war in afghanistan and using the money saved to bring down the deficit. the simple term for that is that we will no longer be spending money for that war. we will no longer be taking money pile up in one place and moving it to another. the use of language is very bad on this. it even was last night, when he spoke not from a prepared plan, but just from talking points. i found that when romney would offer something specific, except for a few points that barack obama had repeatedly used in speeches about where he was saving money or will the health benefits were coming from, he would not back up his statements with hard information. i found that in the speech he was making today. >> a tweet from marji. donald on our independent line. is that clarksville, tennessee? maryland? >> virginia. ok, first of all let me go back to what the man said a few minutes ago. common sense would tell you that if you are spending money where it is not needed, then that money could be used to spend on other programs, and the money that you are not spending on those programs, yo
by ending the war and nev -- war in afghanistan and using the money saved to bring down the deficit. the simple term for that is that we will no longer be spending money for that war. we will no longer be taking money pile up in one place and moving it to another. the use of language is very bad on this. it even was last night, when he spoke not from a prepared plan, but just from talking points. i found that when romney would offer something specific, except for a few points that barack obama...
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you said you would cut the deficit in half hour. we still have $1 trillion deficits. the cbo says we'll have $1 trillion deficit for the next four years. you said before you would cut the deficit in half, and i lot of this idea $4 trillion in cuts. you found $4 trillion in ways to reduce or to get closer to a balanced budget, except we still show $1 trillion deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raitaxe? i don't want to raise tack on people. you said it back in 2010 where you said, look, i'm going to extend the tax policies that we have. i'm not going to raise tacks on anyone because when the economy is growing slee sloe like this, when are you in recession, you shouldn't raise taxes on anyone. well, the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made that statement. so if you believe the same thing, you just don't want to raise taxes on people, and the reality is it's not just wealthy people. you mentioned donald trump. it's not just donald t
you said you would cut the deficit in half hour. we still have $1 trillion deficits. the cbo says we'll have $1 trillion deficit for the next four years. you said before you would cut the deficit in half, and i lot of this idea $4 trillion in cuts. you found $4 trillion in ways to reduce or to get closer to a balanced budget, except we still show $1 trillion deficits every year. that doesn't get the job done. let me come back and say why is it that i don't want to raitaxe? i don't want to raise...
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said there was no way mitt promise ofd keep his taxes without adding to deficit. before thee weeks election, he says his big, bold idea is never mind. >> the president never brought the controversial 47%,. analysts say it was romney who won this debate. >> moments like this could wipe slate clean. >> as both candidates hit the supporters of, the present offer this a device. -- twohave to the war debates, did it to mitt romney. >> this debate is making a new on the -- is having a on twitter. >> twitter tracks just how many tweets were sent and which most. sparked the there were 10.3 million sent between 9:00 in 1030. came whenhe moderator not" romney, "let's talk about ad to topic.nt comments about cutting funding pbs for also hot topics. abc7 is your vote 2012 station the candidates on the road again today. we will have more on that at 87 at 5:00 and 6:00 right here. >> a story is developing in where the country's has authorized military operations against syria. turkish official said has admitted for the killed fivet including a six-year- boy. syria has formally
said there was no way mitt promise ofd keep his taxes without adding to deficit. before thee weeks election, he says his big, bold idea is never mind. >> the president never brought the controversial 47%,. analysts say it was romney who won this debate. >> moments like this could wipe slate clean. >> as both candidates hit the supporters of, the present offer this a device. -- twohave to the war debates, did it to mitt romney. >> this debate is making a new on the -- is...
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the failure of the joint deficit committee has left us with the looming arbitrary cuts. those are being mentioned both from up here and down there. i am pleased that the house passed a bill that said no to read these cs are not going to affect military families, and certainly that is all of our position. we would like for the administration to clarify better that is set in concrete, so again, certainly as you said, commander we must make it perfectly clear that under no circumstances we cannot and will not balance the budget to solve the fiscal problems on the backs of the men and women in uniform and our veterans. [applause] i thought you all were napping. that is definitely an applause. and again, the good news is i think that we are all on board. thanks for your efforts of suicide prevention. that is something we are working on very, very hard. there are just a number of things in regard to that. the other thing that i am concerned about is military voting. that's something that if anybody has a right to vote its the men and women serving overseas. and so again i thin
the failure of the joint deficit committee has left us with the looming arbitrary cuts. those are being mentioned both from up here and down there. i am pleased that the house passed a bill that said no to read these cs are not going to affect military families, and certainly that is all of our position. we would like for the administration to clarify better that is set in concrete, so again, certainly as you said, commander we must make it perfectly clear that under no circumstances we cannot...
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>> he did say he doesn't want to see the deficit go up. i think in implicit in what governor romney was saying if you have more economic growth, you solve a lot of problems. i mean the cbo, the congressional budget office has been assuming about 2.2% growth rate when the historical average of the united states is 3.7. that extra 1.5% makes a lot of difference when it comes to growing your way out of the deficit and also getting back to jobs and reducing unemployment which governor romney kept hammering on, unemployment above 8% for pushing four years now. that's a big deal. connell: jim pinkerton and dagen is right a lot of tax talk last night. thanks for coming in with us today. we appreciate it. dagen: nerds unite. we're open for business in cleveland. connell: absolutely. all day long, one of the newest businessman in that city, the new owner of the cleveland browns, he will join our own liz claman coming up next. ♪ think it's weird to collect air? you wouldn't think so if you saw what your lungs collect every time you breathe. protec
>> he did say he doesn't want to see the deficit go up. i think in implicit in what governor romney was saying if you have more economic growth, you solve a lot of problems. i mean the cbo, the congressional budget office has been assuming about 2.2% growth rate when the historical average of the united states is 3.7. that extra 1.5% makes a lot of difference when it comes to growing your way out of the deficit and also getting back to jobs and reducing unemployment which governor romney...
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we have increased deficits. we have had unemployment over 8%. the middle class is hurting. and i think he did, thomas, give specifics. he gave his five-point plan how he is going to create jobs in this country. >> but senator, you don't think that we are better off than four years ago when it comes to 43 straight months of job growth, the fact that the auto bailout worked? the fact we have drawn out of the war in iraq and we are now slowly trying to map out the course to leave afghanistan? you don't think that the country is better off than we were four years ago as a whole, collectively? >> since you brought up the foreign situation, i think we are in a much worse position because the president withdrew from iraq and afghanistan without benchmarks that would be required to keep those countries stable when we leave. that's why we are seeing our people being shot by insiders in afghanistan. why things are breaking up in iraq. i don't think the world is safer because of what president obama has done. i think his foreign policy is very -- >> do you think we need to pull out of
we have increased deficits. we have had unemployment over 8%. the middle class is hurting. and i think he did, thomas, give specifics. he gave his five-point plan how he is going to create jobs in this country. >> but senator, you don't think that we are better off than four years ago when it comes to 43 straight months of job growth, the fact that the auto bailout worked? the fact we have drawn out of the war in iraq and we are now slowly trying to map out the course to leave...
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in order to reduce the deficit and balanced way. mitt romney does the opposite. jon: all right. >> recommitted last night to not asking the wealthiest for a dime to reduce the deficit. jon: ben labolt, spokesman for obama for america, the president's campaign. thank you. >> thanks for having me, jon. jenna: all right. we'll continue having that conversation right. a lot to think about from both of those folks for the campaign. >> the back and forth continues. jenna: well a manhunt is on for a suspected terrorist. fbi is offering a $50,000 reward for help finding the man on your screen. he is accused of supporting al qaeda and considered extremely dangerous. >>> ebelieved there was religiousification for suicide bombings. he attended tripping camp as and pakistan. he traveled to convicted coconspirator to yemen for the same purpose >> right now the fbi is searching for a suspected terrorist with apparent links to al qaeda. ahmad abousamara is u.s. citizen. according to fbi he made several trips overseas to train with terrorists. he m
in order to reduce the deficit and balanced way. mitt romney does the opposite. jon: all right. >> recommitted last night to not asking the wealthiest for a dime to reduce the deficit. jon: ben labolt, spokesman for obama for america, the president's campaign. thank you. >> thanks for having me, jon. jenna: all right. we'll continue having that conversation right. a lot to think about from both of those folks for the campaign. >> the back and forth continues. jenna: well a...
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my plan is not to put in place any tax cut that will add to the deficit. >> ali velshi, whose pants are on fire? >> there were two distinct points here. one the 4.9 trillion is the real number that president obama called $5 trillion. there are going to be tax cuts because mitt romney proposes to cut 20% off everybody's taxes across the board. >> not 5 trillion. >> but it adds up to 4.9 the ten years that the number the president was citing. that assumes no revenue coming from anywhere else. mitt romney says that is not the right assumption. if i cut taxes across the board and more money into piedmont acre pockets and spend more and have a lower tax rate and have more jobs and more own. >> stimulate the economy. >> and more money will come in. >> that is where the disagreement was. >> mitt romney does have some plans for cutting loopholes and some of these -- >> right. . he says we cut taxes and close loopholes and it becomes revenue neutral and president cited another studying saying you have to raise taxes on the middle class. that is why this becomes so hard to fact check one of these
my plan is not to put in place any tax cut that will add to the deficit. >> ali velshi, whose pants are on fire? >> there were two distinct points here. one the 4.9 trillion is the real number that president obama called $5 trillion. there are going to be tax cuts because mitt romney proposes to cut 20% off everybody's taxes across the board. >> not 5 trillion. >> but it adds up to 4.9 the ten years that the number the president was citing. that assumes no revenue coming...
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no tax cut that adds to the deficit. i want to reduce the burden being paid by middle income americans. to do that, that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is not accurate. >> let's talk about taxes, because i think it is instructive. four years ago when i stood on this stage i said i would cut taxes for middle class families. that's exactly what i did. we cut taxes for middle class families by about $33,600. -- by about $3,600. the reason is, i believe we do best when the middle class does well. and by giving them those tax ts, they have a little more money in their pocket so maybe they can buy a new car. they are certainly in a better position to weather the extraordinary recession we went through. they can buy a computer for their kid who is going off to college. it means they are spending more money, businesses have more profits and then hire more workers. now governor romney's proposal that he's been promoting for 18 months calls for a $5 trillion tax cu
no tax cut that adds to the deficit. i want to reduce the burden being paid by middle income americans. to do that, that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is not accurate. >> let's talk about taxes, because i think it is instructive. four years ago when i stood on this stage i said i would cut taxes for middle class families. that's exactly what i did. we cut taxes for middle class families by about $33,600. -- by about...